Car-hailing firm may be liable in killing

DIDI CHUXING, a car-hailing service company headquartered in Beijing, has suspended its car-hailing operations for a week to conduct thorough rectification after a 21-year-old flight stewardess, was allegedly murdered by the driver of a car she ordered in Zhengzhou, Henan province, last week. Beijing News comments:

Meat scavenging exposes loopholes in disposal system

VILLAGERS living near a landfill in Jinping county, Southwest China's Yunnan province, have been collecting and selling the expired or shoddy meat products that the authorities have disposed of there. Thepaper.cn commented on Sunday:

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Tariff barriers will lead nowhere

The threat of a full-fledged trade war between China and the US might have receded thanks to the recent Sino-US trade talks. But many still fear China would suffer a bigger blow if a trade war indeed breaks out because it relies heavily on the US to keep its enormous export operation going.

Good but uncertain times: a time to prepare

Our Regional Economic Outlook suggests a strong global and regional growth momentum. But there are also clouds on the horizon for which all need to prepare and now is the time to do it. China's reforms have stabilized the economy and progress has been made in financial deleveraging. Key will be to stay the course.

Abe may not be able to revise Constitution next year

On May 3, Japan observed the 71st anniversary of its Constitution that went into effect in 1947. Despite strong opposition from people at home and abroad, Japanese Prime Minister Shinzo Abe is eager to amend the Constitution that, in his words, was imposed by the United States on Japan after the end of World War II.

Money supply growth slows in April

China's broad money supply maintained a low growth rate of 8.3 percent in April, along with flat new yuan loan expansion even as policymakers continued financial deleveraging, according to data from the People's Bank of China, the central bank, on Friday.

Geely eyes Volvo Cars public float

Zhejiang Geely Holding Group said it is mulling an initial public offering for Volvo Cars, a Swedish carmaker it bought from Ford in 2010.

Retailers expanding online presence

Growing competition from online e-commerce firms is prompting China's top brick-and-mortar retailers to expand their online presence rapidly, even as smaller format retailers continued to gain strength, notwithstanding their digital challenges and rising costs, a new survey said.

Xiaomi taken to court by Coolpad

Smartphone maker Coolpad has taken technology giant Xiaomi to court and into the spotlight over alleged patent infringements, a move timed alongside China's ramping up of intellectual property rights protection.

IN BRIEF (Page 6)

ADGM to set up offshore yuan center

Abu Dhabi Global Market, an international financial center located in the capital city of the United Arab Emirates, launched its first overseas office in Beijing on Friday to spur liquidity and capital inflows into the Middle East and China.